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The Bangladesh health policy document was published in 2011 and adheres to the following : Health is defined as "A state of complete physical, mental and social well-being and not merely the absence of disease or infirmity." [1] Every citizen has the basic right to adequate health care.
The Health Economics Unit (Bengali: স্বাস্থ্য অর্থনীতি ইউনিট) is a Bangladesh government regulatory agency under the Ministry of Health and Family Welfare of Bangladesh responsible for providing policy advice and recommendation on the health industry to the government. [1] [2] [3]
The research on economic problems of the health sector became an important topic of economic research. [16] Selma Muskin published "Towards the definition of health economics" in 1958 and, four years later, the paper, "Health as an Investment". At that time, health was broadly regarded as rather a consumptive branch of the economy.
The total expenditure on healthcare as a percentage of Bangladesh's GDP was 2.48% in 2019. [7] In the parliamentary budget of 2017–18, the budget that was set for the health sector was 16 thousand 203 crore 36 lakhs taka. [8] There are 3 hospital beds per 10,000 people. [9]
The former examine why regulation occurs. These theories include theories of market power, "interest group theories that describe stakeholders' interests in regulation," and "theories of government opportunism that describe why restrictions on government discretion may be necessary for the sector to provide efficient services for customers."
This is an accepted version of this page This is the latest accepted revision, reviewed on 28 February 2025. Economy of Bangladesh Motijheel C/A, the downtown of Dhaka Currency Bangladeshi taka (BDT, ৳) Fiscal year 1 July – 30 June Trade organizations SAFTA, SAARC, BIMSTEC, WTO, AIIB, IMF, Commonwealth of Nations, World Bank, ADB, Developing-8 Country group Developing/Emerging Lower-middle ...
The pharmaceutical industry in Bangladesh is one of the most developed industrial sectors within the country. Manufacturers produce insulin, hormones, and cancer drugs. This sector provides 98% [1] of the total domestic demand for medicine requirement in the country. This makes Bangladesh almost self sufficient in the pharmaceutical sector.
The IDRA Act 2010 has paved the way for better regulation of the sector by reducing business risks, and by harmonizing local and international insurance laws for the Economy of Bangladesh. IDRA attempts to protect the interest of insurance policyholders, beneficiaries and ensuring stability of the insurance sector. [2]